Singapore banks may see margin squeeze in Q3
Analysts keeping an eye on non-performing loans, given the weaker global economic environment
Add BT as a preferred source
Singapore
MARGINS for the three Singapore banks are likely to be squeezed in the third quarter as the Singapore Inter-bank Offered Rate (Sibor) tracks south in line with the Fed's rate movement, even as loan growth is expected to remain steady.
With the Singapore trio due to report their Q3 results in November, analysts are also keeping a watchful eye on non-performing loan (NPL) ratios, given the weaker global economic environment.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Are Keppel’s dividends truly unsustainable – or just misunderstood?
COEs for large cars up 4.3% at S$126,236, mainstream cars near S$125,000
